Identify the Truthfulness of the Following Statements

question 47

Multiple Choice

Identify the truthfulness of the following statements.
I. The substitution effect is unambiguous in its direction.
II) Direction of the income effect depends on whether the good is a normal or an inferior good.

• A) Both I and II are true.
• B) Both I and II are false.
• C) I is true; II is false.
• D) I is false; II is true.

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Definitions:

SCN

Short for Suprachiasmatic Nucleus, a region in the brain responsible for controlling circadian rhythms.

Suprachiasmatic Nucleus

A small region in the brain located in the hypothalamus, responsible for controlling circadian rhythms.

Intergeniculate Leaflet

The intergeniculate leaflet is a small structure located between the lateral geniculate nucleus of the thalamus, involved in regulating circadian rhythms and visually related information processing.

Retinohypothalamic Tract

Neural route formed by axons of photosensitive retinal ganglion cells (pRGCs) from the retina to the suprachiasmatic nucleus; allows light to entrain the SCN’s rhythmic activity.